WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY...

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Paul Ray Smith, Jr, Executive Vice President +1 859.422.4401 • [email protected] . Jamie Adams, LEED AP, Senior Associate +1 859.422.4413 • [email protected] . For More Information: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE 320 Letton Drive Paris, Bourbon County, Kentucky, 40361

Transcript of WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY...

Page 1: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY 40503 +1 859 224 2000 naiisaac.com Property Description Property Overview +/-1,807

Paul Ray Smith, Jr, Executive Vice President+1 859.422.4401 • [email protected] Adams, LEED AP, Senior Associate+1 859.422.4413 • [email protected].

For More Information:

WALMART OUTPARCELRESTAURANT - FOR SALEOR LEASE320 Letton DriveParis, Bourbon County, Kentucky, 40361

Page 2: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY 40503 +1 859 224 2000 naiisaac.com Property Description Property Overview +/-1,807

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NAI Isaac771 Corporate Drive, Suite 500

Lexington, KY 40503+1 859 224 2000

naiisaac.com

Location Map

1 Mile 5 Miles 10 Miles

Total Households: 2,137 5,538 8,340

Total Population: 5,243 13,612 20,911

Average HH Income: $54,409 $53,626 $60,447

Median HH Income: $41,316 $39,375 $42,888

Demographics

Property Details

Sale Price $975,000

Lease Rate $40.00 SF/YR

Lot Size 0.99 Acres

Building Size 1,807 SF

Year Built 2006

Zoning B-2, General Business

Current Tenant Long John Silvers

Lease Expiration 5/31/2017

ExecutiveSummary

For Sale or Lease

WalmartOutparcelRestaurant

Page 3: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY 40503 +1 859 224 2000 naiisaac.com Property Description Property Overview +/-1,807

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NAI Isaac771 Corporate Drive, Suite 500

Lexington, KY 40503+1 859 224 2000

naiisaac.com

PropertyDescription

Property Overview

+/-1,807 SF freestanding restaurant, direct outparcel to Walmart Supercenter, is available forsale or lease. Building is a newer brick construction with drive-thru. Located on +/-0.99 acres,the property is less than half a mile from Bourbon County High School and Middle School. Thishighly visible location is situated on a main retail corridor in Paris, Kentucky and within closeproximity to many strong national tenants, including Kentucky Fried Chicken, Taco Bell, DairyQueen, McDonald's, Sonic, Arby's, CVS Pharmacy and Tractor Supply. Property has beenprofessionally landscaped and includes +/-25 parking spaces.

Location Overview

Paris is the county seat of of Bourbon County, Kentucky. It lies 18 miles northeast of Lexingtonon the Stoner Fork of the Licking River. It is the seat of its county and forms part of theLexington-Fayette Metropolitan Statistical Area. True to its logo of “Horses, History andHospitality”. Paris well known for their beautiful horses and their city motto is “thoroughbredcapital of the world”.

Sale Price: $975,000 / Lease Rate: $40.00 PSF NNN

For Sale or Lease

WalmartOutparcelRestaurant

Page 4: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY 40503 +1 859 224 2000 naiisaac.com Property Description Property Overview +/-1,807

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NAI Isaac771 Corporate Drive, Suite 500

Lexington, KY 40503+1 859 224 2000

naiisaac.com

RetailerMap

For Sale or Lease

WalmartOutparcelRestaurant

Page 5: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY 40503 +1 859 224 2000 naiisaac.com Property Description Property Overview +/-1,807

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NAI Isaac771 Corporate Drive, Suite 500

Lexington, KY 40503+1 859 224 2000

naiisaac.com

LocationMaps

For Sale or Lease

WalmartOutparcelRestaurant

Page 6: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY 40503 +1 859 224 2000 naiisaac.com Property Description Property Overview +/-1,807

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NAI Isaac771 Corporate Drive, Suite 500

Lexington, KY 40503+1 859 224 2000

naiisaac.com

PhotographsAerial

For Sale or Lease

WalmartOutparcelRestaurant

Page 7: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY 40503 +1 859 224 2000 naiisaac.com Property Description Property Overview +/-1,807

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NAI Isaac771 Corporate Drive, Suite 500

Lexington, KY 40503+1 859 224 2000

naiisaac.com

PhotosAdditional

For Sale or Lease

WalmartOutparcelRestaurant

Page 8: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY 40503 +1 859 224 2000 naiisaac.com Property Description Property Overview +/-1,807

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NAI Isaac771 Corporate Drive, Suite 500

Lexington, KY 40503+1 859 224 2000

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SitePlan

For Sale or Lease

WalmartOutparcelRestaurant

Page 9: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY 40503 +1 859 224 2000 naiisaac.com Property Description Property Overview +/-1,807

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NAI Isaac771 Corporate Drive, Suite 500

Lexington, KY 40503+1 859 224 2000

naiisaac.com

SitePlan

For Sale or Lease

WalmartOutparcelRestaurant

Page 10: WALMART OUTPARCEL RESTAURANT - FOR SALE OR LEASE · 771 Corporate Drive, Suite 500 Lexington, KY 40503 +1 859 224 2000 naiisaac.com Property Description Property Overview +/-1,807

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NAI Isaac771 Corporate Drive, Suite 500

Lexington, KY 40503+1 859 224 2000

naiisaac.com

* Demographic data derived from 2010 US Census

Population 1 Mile 5 Miles 10 Miles

TOTAL POPULATION 5,243 13,612 20,911

MEDIAN AGE 41.4 40.4 40.4

MEDIAN AGE (MALE) 36.4 36.8 38.0

MEDIAN AGE (FEMALE) 45.0 43.4 42.3

Demographics

Households & Income 1 Mile 5 Miles 10 Miles

TOTAL HOUSEHOLDS 2,137 5,538 8,340

# OF PERSONS PER HH 2.5 2.4 2.5

AVERAGE HH INCOME $54,409 $53,626 $60,447

AVERAGE HOUSE VALUE $122,663 $153,057 $211,843

Map

Ethnicity 1 Mile 5 Miles 10 Miles

% HISPANIC 2.7% 5.6% 6.8%

Race 1 Mile 5 Miles 10 Miles

% WHITE 53.7% 91.2% 111.7%

% BLACK 4.6% 11.3% 9.4%

% ASIAN 0.7% 0.6% 0.6%

% HAWAIIAN 0.0% 0.0% 0.0%

% INDIAN 0.2% 0.4% 0.6%

% OTHER 0.5% 1.2% 1.9%

For Sale or Lease

WalmartOutparcelRestaurant